Wednesday, February 15, 2017

Meralco’s RE unit offers customer-fitted solutions

Spectrum, which is the newly
unveiled renewable energy unit of Manila Electric Company (Meralco), will offer
customer-fitted solutions that shall help address end-users’ energy needs.

According to Spectrum President Jose
Rainier A. Reyes, the company intends “to provide tailor-fit solutions for
industrial, commercial and residential customers through in-depth understanding
of energy consumption behaviors, and our strategic partnerships with
world-class technology partners.”

Expansive deployment of solar
rooftop solutions in commercial establishments, industries and homes has been
among the country’s aspirations – to be underpinned also by policies set forth
for the net metering system.

Previously, executives of Meralco
have been sounding off their enthusiasm to become part of this choice and
option for the Filipino consumers – and this can now be concretized via its
subsidiary Spectrum.

The Meralco renewable energy firm
currently offers three options to customers: outright purchase, lease or
managed services. On these, Reyes noted “Spectrum advances unique business
model opportunities that provide customers with the flexibility to design their
partnership in a way that is best suited for customers’ energy needs.”

Additionally, this will be the
gigantic power firm’s vehicle into expanded foray into solar projects as well
as other RE technologies like wind, hydro and biomass. For solar alone,
Meralco’s initial target will be for 200 megawatts capacity that it plans to
corner either through partnership deals and acquisitions or greenfield
developments.

Essentially, Spectrum’s kick-off
point to let targeted customers understand its vision had been the unveiling of
its solar gallery at the Robinsons Mall in Novaliches, to showcase “end-to-end
process of generating power via solar technology, and highlighting the benefits
of solar adoption in homes and businesses.”

Robinsons Mall-Novaliches itself has
partnered with Spectrum for its solar photovoltaic (PV) system within the
bounds of its contracted capacity of 1.87 megawatts.